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Trans-Pacific Partnership Trade Deal Endorsed by Major Tech Group (siliconbeat.com)
An anonymous reader shares a report on SiliconBeat: An industry group representing major tech firms including Google, Facebook, Yahoo, Amazon, Twitter, Uber and eBay has endorsed the controversial Trans-Pacific Partnership trade pact plan "The TPP recognizes the Internet as an essential American export," Internet Association CEO Michael Beckerman said in a statement. "Historically, pro-Internet policies have been absent from trade agreements, which is why the TPP is an important step forward for the Internet sector that accounts for 6 percent of the GDP and nearly 3 million American jobs. "It will be critical that the TPP is implemented in a way that supports the Internet economy." While President Barack Obama backs the trade deal, it has met with strong opposition from critics including Sen. Elizabeth Warren, who attacked secrecy around the pact's drafting and has said the deal could weaken U.S. regulations that are good for Americans but might threaten foreign companies' profits.Brier Dudley, Seattle Times Columnist, tweeted, "TPP "taken a 180" since TPA, when there was confidence of passage, Rep @davereichert says. Issues incl. biologic protections, tobacco lobby."
TPP drops safe harbor protection from the DMCA. This alone should concern Google, Facebook, Amazon, and Twitter.
this bill can make importing foreign labor easier and let them use Investor-State Dispute Settlements to by pass labor laws.
What "Investor-State Dispute Settlements" really does is hoodwink the world into having corporations have veto over the ability of nations to set policy which corporations don't like.
The only beneficiaries of this are corporations, and the people who are pushing these bullshit things are people are owners of large corporations, or have been bought and paid for by large corporations.
It's completely in-democratic, and intended to make the worst practices of globalization entrenched in law ... and everybody except "shareholder value" will get fucked in the process.
That Americas foreign policy is now so blatantly corrupted and tied to the wishes of multinational corporations is alarming, and this treaty should be rejected on the basis that it is NOTHING but the US forcing a corporate agenda on the world and acting like it's going to benefit anybody else.
This is literally theft on a global scale, and a massive undermining of national sovereignty purely to advance corporate interests, to which America is so utterly beholden they've become little more than corporate lackeys. And many aspects of this stupid "treaty" are little more than ensuring nation-states are responsible for policing the interests of those corporations.
This treaty is utterly terrible, and will NOT in ANY WAY benefit the citizens of any country ... except of course those who own stocks in, or have been bribed by, the multinational corporations it benefits. The rest of us get royally screwed in the process.
This will undermine labor laws, environmental laws, and pretty much any form of regulation under the insane premise that we must protect corporate profits at all fucking costs.
There is no upside to this if you're not a multinational corporation. Which is precisely why it is getting the backing of multi-billion dollar multinational corporations.
Lost at C:>. Found at C.